Great Pizza Store known for their good food

Salisbury, MA
Essex County

Nice Strip Mall location


Asking Price: Annual Revenue:
$250,000 $780,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Great Pizza Store known for their good food Broker: Mr. Williams
Owner Financing is Available!
$100,000 down payment for qualified buyer with experience in the business

Quick Facts

Asking Price: $250,000
Annual Revenue: $780,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 5
BBN Listing #: 531419596
Broker Reference #: EW7283

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Business Overview:

LOCATION: SALISBURY, Rte. 110 & Rte. 95 area

SELLING PRICE: $250,000 DOWN PAYMENT: $75,000

SALES VOLUME: strong $ $14,000/week. % DELIVERY: 30% delivery

LEASE: $2,700/month. (includes NNN) (Only 5% of sales) YRS. LEFT: 10 years.

SQUARE FOOTAGE: Approximately 2,000 square feet.

HOURS OF OPERATION: 6 days, closed Sundays...11 AM - 9 PM

SEATING: (inside 40 seats) (outside 12 seats)

COMMENTS: Known throughout the region for their pizza, subs, and salads. Seller has been an absentee owner for 7 yrs, (owns a chain of convenience and liquor stores). Very little competition. Seller is not sure if sales figures should be more since he's absentee. An on-site owner should be able to significantly improve sales. Seller invested $350,000 to open this beauty. If you know what you're doing, you'll buy this highly profitable business.
Contact Mr. Williams 978-715-5405 or email us for full details. nerestaurants@yahoo.com

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Property Features and Assets:

Beautiful build out, located in a very nice strip mall, store looks great! You would feel proud going to work everyday at this location. The store did $60K in sales for Aug. 2019

Market Competition and Expansion:

Not much in the area, stores numbers are respectable. Easily increase numbers by doing fresh menu mailers and marketing to locals in Salisbury. Current owner has been absentee for 7 years. An operator who works the business will no doubt increase sales dramatically.

Reason for Selling:

Retiring

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

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